The global drop in oil prices will only have a "modest" impact on consumer spending and the retail industry in the European Union, according to a new report from Moody's the credit rating agency. revised its pricing assumptions in a newly published report that looked at the global impact the reduction in the cost of oil could have and found there would have a 'modest' impact to consumer spending and retail within the EU.

Ratcheting pressure on drinks firms and suppliers to become more agile and responsive to consumer demands is forcing up costs - meaning the need for collaboration between the two is more important than ever.

Tesco is bringing in organisation transformation firm Blue Rubicon and the advertising agency that Sir John Hegarty helped found, Bartle Bogle Hegarty (BBH), to work with the company's leadership team in an effort to help turn the struggling retailer around.

The entry process for the Harpers Awards 2015 is well and truly underway with the opportunity for businesses and individuals from across the UK on and off-trades to receive recognition for their hard work and achievements.

Daniel Spinath, director of sparkling wine supplier Frizzenti, has hit back at claims that selling Prosecco on tap will be "illegal" if Italian producers of the wine win the legal right to fine bars and pubs that sell the drink by the keg instead of bottles.